In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Lulu’s Fashion Lounge Holdings (LVLU – Research Report), with a price target of $12.00. The company’s shares closed last Thursday at $5.90, close to its 52-week low of $5.10.
According to TipRanks.com, Telsey has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.2% and a 37.0% success rate. Telsey covers the Consumer Goods sector, focusing on stocks such as aka Brands Holding Corp, Brilliant Earth Group, and Wolverine World Wide.
Lulu’s Fashion Lounge Holdings has an analyst consensus of Strong Buy, with a price target consensus of $14.88, implying a 106.1% upside from current levels. In a report issued on July 20, KeyBanc also initiated coverage with a Buy rating on the stock with a $15.00 price target.
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Lulu’s Fashion Lounge Holdings’ market cap is currently $229.1M and has a P/E ratio of -1.87.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LVLU in relation to earlier this year.
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Lulus Fashion Lounge Holdings Inc is a fashion brand primarily serving Millennial and Gen Z women. Its products include Fall Dresses, Winter Dresses, Sweater Dresses, Short Dresses, Casual Dresses, Wedding Dresses, and Denims, among others.
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